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The government has resolved to initiate a crackdown on widespread petrol smuggling.

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2 months ago

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It has been revealed that over 396 billion rupees’ worth of petroleum products are smuggled into the country annually.

Authorities have resolved to initiate a crackdown on illicit gas stations, sources reported. “Sources indicated that a comprehensive plan of additional measures has been developed to combat the smuggling of petroleum products within the country.”

Sources indicate that the Federal Board of Revenue (FBR) has presented recommendations for altering petroleum-related legislation.

Sources indicate a proposal to permit district administrations to seal unlicensed petrol pumps and filling stations.

Furthermore, it has been proposed that districts be authorized to seize machinery and equipment from illegal petrol stations.

Government sources said that a plan for the digitalization of fuel stations nationwide is currently under consideration.

“Sources indicated a proposal to implement SIM-based technology at petrol stations to monitor sales.”

A proposal for the real-time monitoring of fuel stocks at petrol stations has been filed.

“The development of a digital application and GIS mobile application to monitor illegal petrol filling stations has been proposed,” sources indicated.

It has been advised that oil marketing organizations maintain real-time updates on their mobile applications, according to sources.

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Maintaining Fertiliser Price Stability: The Need for a Continuous Gas Supply to the Fertiliser Sector

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5 days ago

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To guarantee fertiliser price stability, a cabinet committee meeting was presided over by Senator Muhammad Ishaq Dar, the deputy prime minister.

Senior government officials, including Industries Minister Rana Tanveer Hussain, attended the meeting.

The attendees received an update on the government’s, gas suppliers’, and fertiliser industry’s conversations. Additionally, the gas supply for the fertiliser sector was evaluated and determined to be adequate.

Throughout the Rabi cropping season, the Deputy Prime Minister ordered the fertiliser industry to maintain a continuous gas supply in order to guarantee steady production and stock levels.

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Fifth Straight Cut: PM Applauds SBP’s Policy Rate Reduction

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5 days ago

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Prime Minister Muhammad Shehbaz Sharif has praised the State Bank of Pakistan’s decision to lower its policy rate by an additional 2 percent, stating that the bank’s current 13 percent rate is encouraging for the nation’s economy.

He expressed optimism in a statement that the policy rate cut would encourage investment and further boost investor confidence in the country’s economy.

The prime minister said that decreasing the inflation rate also lowered the policy rate and that future inflation rate reductions will be even more pronounced.

Additionally, he expressed gratitude to the Federal Finance Minister and other officials for their work in this area.

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GHQ Attack Case: Prosecution Seeks Bail Cancellation of CM KP & Other Accused, Indicts 9 More

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5 days ago

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25 defendants, including PTI officials, have non-bailable arrest warrants issued by the Anti Terrorism Court of Rawalpindi for their failure to show up for court proceedings related to the GHQ attack case.

Judge Amjad Ali Shah added nine more suspects to the GHQ attack indictment list during today’s ATC Court sessions, bringing the total to 98.

Among the 61 defendants who appeared in court were Shah Mehmud Qureshi and the founder of the PTI.

Among those charged are Khadim Hussain Khokhar, Mehr Mohammad Javed, Chaudhary Asif, Zakir Ullah, Azeem Ullah, Shireen Mazatri, Major Retired Tahir Sadiq, and former MPA Rashid Hafeez.

A plea to cancel the bail of 23 suspects, including Chief Minister Khyber Pakhtunkhwa, has also been filed by the prosecution side.

In the GHQ attack, there were 119 accused in total.

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